EnergyApril 18, 2019

CEC Africa’s Nigeria adventure continues to suffer
CEC Africa’s Nigerian operations have continued to be tempered by challenges it is facing in Nigeria where the company’s operations are domicile. The group has faced a myriad of challenges that include non-cost reflective tariffs, partial implementation of the Power Sector Recovery Program and nonpayment of electricity bills by government agencies which has become a […]

Copperbelt Energy Corporation Plc, EnergyMarch 12, 2019

CEC Zambia – Analysis of 2018 Performance
Corporate Bio The core business of CEC Zambia is to supply power to copper producing mines on the Copperbelt Province of Zambia and other related mining companies in the Democratic Republic of Congo (DRC) in conjunction with SNEL that country’s state utility company. CEC has two incorporated subsidiaries namely CEC-Kabompo Hydro Power Limited (CEC-KHPL)  and […]

Copperbelt Energy Corporation Plc, Energy, ZCCM-Investment Holdings PlcFebruary 6, 2019

CEC Investors in “Liquid” Windfall with ZCCM IH a Big Winner
Following Copperbelt Energy (CEC Plc) disposing off its 50% shareholding in CEC Liquid Telecommunication Limited (CEC Liquid Telecom) to pan-African telecoms group, Liquid Telecommunication Holdings Limited (Liquid Telecom) in October 2018, investors in the company waited with baited breath for the CFO through his subcommittee on the board to conclude deliberations for the submission of […]

EnergyJanuary 26, 2019

CEC Africa 2018 Review – Curse of the Nigerian Micro-environment
CEC Africa’s operations in Nigeria continue to face some of the harshest macroeconomic challenges in the energy company’s footprint across Africa. “In Nigeria where the Group has operating companies, challenging conditions in the operating environment continue to affect profitability. Abuja Electricity Distribution Company Plc continues to face high losses, low collections and non-cost refle

Energy, Puma Energy (Z) PlcOctober 24, 2018

PUMA at Half Year 2018
On 28th September 2018, PUMA Energy Zambia Plc reported, through SENS Announcement on LuSE, its half year performance for 2018. The Oil Marketing Company (OMC) that is positioned at the tail end of the oil marketing value chain saw revenue increase by 20.2% at half year 2018 compared to the same time in the previous […]

Copperbelt Energy Corporation Plc, Energy, TelecomOctober 16, 2018

CEC sheds fat
When we published “New Board Members at CEC? Interesting..“, we decoded the signal from the management team that they had brought on board an investments expert and a private equity specialists. When boards make decisions such as this one, it means that they are looking at improving the investment profile of the company. Many companies […]

Copperbelt Energy Corporation Plc, EnergySeptember 3, 2018

New Board Members at CEC? Interesting..
It came as quite a curious surprise that following the failure of the CDC acquisition of CEC, energy maestro, Hanson Sindowe was retiring at Chairman of the Board of Directors of CEC Plc. Hanson has enjoyed an illustrious career in the energy sector. Some would even say that he is one of the most important […]

Copperbelt Energy Corporation Plc, EnergyJuly 19, 2018

CDC walks away from CEC Deal
Over the last couple of months, the team at Financial Insight Zambia has been watching the CDC acquisition of CEC unfold. We published “CEC Conditions Precedents to the CDC Deal” which indicated the progress of the deal and the status of the deal. However, yesterday we received this email from the CDC press office and […]

EnergyMay 26, 2018

CEC Africa: Hopes High on Sector Reform
Siyanga Malumo is an optimistic man. The power sector veteran and Chairman of CEC Africa makes a compelling case for shareholders to remain optimistic in his letter to shareholders in the CEC Africa 2017 annual report. The chairman is placing most of his faith in the fact that their Nigerian story has an opportunity of […]

EnergyMay 7, 2018

What Is Renewable Energy and Why Is It So Important?
Since the energy crisis of the 1970’s, Americans have been searching for ways to use our natural resources safely and efficiently. And since the release of the documentary An Inconvenient Truth in 2006, buzzwords and catchphrases like global warming, climate change, renewable energy, and sustainable energy have become a part of the American lexicon. But what does […]